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3 Types Of Forex Charts And How To Read Them Babypips Com It’s weird how clearly chart formations, patterns, highs and lows, and even the direction of a chart, can be much easier read on a line chart at least for me. since then, i always have a line chart open whenever i trade candlestick charts, and i have even developed a strategy based solely on line charts, which is performing nicely for me. You can place an order trading line forex chart using in several ways through the trading panel, the chart context menu, the chart “+” sign menu, or through the floating buy/sell panel. once the order ticket is opened you can set the “price”, “stop loss” and “take profit” values using either pips or prices. Consider for example the following chart. on the left side, we use a line chart and on the right side, we’re using a candlestick chart: if we were to just set our stop loss levels using the line chart, we might have risked placing them too close to our entry. instead, it would be better t...